11am update – morning chop

US equity indexes are somewhat mixed, with the two leaders – Trans/R2K, both net lower.

sp’60min

VIX’60min

Summary

Net bullish into the Wed’ 2pm FOMC announcement.
7K appears due

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notable retail: DECK

Earnings Thurs’ AH. I lean net bullish to $125
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notable weakness: UNH

This morning’s downside is arguably just a retrace of the prior four days of upside. Earnings due early Tues’. Net bullish… basic target $472
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notable space: RKLB

Just some cooling. M/t bullish $200
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notable miner: NEM

New hist’ high. If Gold $6K > NEM 160/170